All tax sales on:
10 September 2022All tax sales from:
Municipality of Red LakeSale of Lands for Tax Arrears
by Public Tender
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE MUNICIPALITY OF RED LAKE more info
TAKE NOTICE that tenders are invited for the purchase of the land
described below and will be received until 3:00 p.m. local time on
September 21, 2022, at the Red Lake Municipal Office, 2 Fifth Street,
Balmertown Ontario.
The tenders will then be opened in public on the same day as soon
as possible after 3:00 p.m. at the Red Lake Municipal Office, 2 Fifth
Street, Balmertown.
Description of Land(s):
Roll No. 60 41 440 003 16700 0000; 28 Grizzly Street, McKenzie
Island; PIN 42009-0058(LT); PCL 57-1 SEC 23M901 SRO; BLK 57
PL 23M901; S/T LT238473; RED LAKE; File No. 19-07
According to the last returned assessment roll, the assessed value
of the land is $85,000
Minimum Tender Amount: $22,812.29
Tenders must be submitted in the prescribed form and must be
accompanied by a deposit of at least 20 per cent of the tender amount,
which deposit shall be made by way of a certified cheque/bank draft/
money order payable to the municipality.
Except as follows, the municipality makes no representation regarding
the title to or any other matters relating to the land to be sold. Responsibility
for ascertaining these matters rests with the potential purchasers.
The assessed value, according to the last returned assessment roll, may
or may not be representative of the current market value of the property.
Transfers of properties that contain at least one and not more than
six single family residences and are transferred to non-residents of
Canada or foreign entities, are subject to the Province's Non-Resident
Speculation Tax (NRST).
This sale is governed by the Municipal Act, 2001 and the Municipal
Tax Sales Rules made under that Act. The successful purchaser will
be required to pay the amount tendered plus accumulated taxes and
any taxes that may be applicable, such as a land transfer tax and HST.
The municipality has no obligation to provide vacant possession to the
successful purchaser.
A copy of the prescribed form of tender is available on the website
of the Government of Ontario Central Forms Repository under the
listing for the Ministry of Municipal Affairs.
For further information regarding this sale and a copy of the
prescribed form of tender, visit: www.OntarioTaxSales.ca or if no
internet access available, contact:
Rhonda Mann
Deputy Treasurer
The Corporation of the
Municipality of Red Lake
2 Fifth Street
PO Box 1000
Balmertown ON P0V 1C0
(807) 735-2096 Ext. 231
[email protected]
www.redlake.ca